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Have you given up on sct for good Easyrider, or are you gonna try again some time? Isn´t one big problem that it is so difficult for some one who is used to follow the trend to suddenly go against it? There´s a conflict between the two ways of thinking. There are probably a lot of...

When you look at the market statistics to get a general feeling for direction, do you look at asia and europe, or just american markets? Are there any stocks or sectors that has a tendency to be leading indicators? Or do you just look at the indexes?

I might clearify - I think the market is much more difficult to read when it takes off and doesn´t look back like it did this morning. Dax do it all the time, but es-ym doesn´t do it often. I don´t know, there´s nothing there to relate to on mornings like this, sort of. Do I make sense?

I took a trade on a flag on ym. I´ve seen these kind of strong moves, a flag and a new strong move a lot on dax, but that´s maybe not a good reason to trade it on ym :confused: This one turned out fine, but was it a good trade? I can´t really decide if I had good reasons to take it or...

Yeah, I liked the fact that ym refused to follow es down, that was perfect.

The gap today was almost identical to the one yesterday. After it was filled there was a breakout in the other direction.

This thread is like a TV series that is shown every day. You glance at it once in a while when you got nothing better to do and its the same caracters and the same old story week after week after week... :p

No one was interested in my little theory about gaps a month ago, but I still think I´m right :) A filled gap is very often an important s/r, especially when the gap is in the opposite direction of the trend. Some days, like yesterday, for me it´s obvious that the gap is filled only because...

Don´t underestimate the value of actively interacting with what you see on the chart. When I was studying journalism we had to draw the letters by hand in different styles - times new roman, serif, arial and so on. It wasn´t fun, I assure you, but you get a much better feeling for printed...

I think there is a great value in drawing the trendlines and counting prv as opposed to having them drawn and calculated by a computer. You start to understand what´s happening better. Until you are a pro and can play wargames while you´re making money, it can be pretty boring to trade, so...

was waiting for this break-out in the morning, turned out to be a really good one. There was no pullback though, and I only enter on pullbacks. Hope you caught it though

The diamond was part of my decision when I went short on the afternoon breakout, at least got the money back for the book. We´ll see about longterm :)

I spotted the same pattern, the book you recommended is worth the effort dell-boy :)

I feel I understand the basics of jacks strategy pretty well by now and I´m starting to get a nice routine for monitoring and analysing. Not much more to do then to sit here day-in-day-out and get the experience required.

On the swedish scrabble page where I hang they call me "the thread killer", cause my comments on different topics are so absurd so no one knows what to write after me. I often put an awkward end to most discussions. I tend to take pride in this, since people usually talk about stuff like their...

I only trade the simulator now and gather statistics of different situations. One thing that is very clear is that if I win in the beginning of the day I can end several points +. If I loose in the beginning of the day I often end several points -. If I trade a triangle, a point three, a flag...

Most jumpy day I´ve seen so far, I thought the indexes were gone break straight down through support.

Yeah, I like es-ym more and more since I´ve stopped trying to make it so complicated and just watch the relationship. The same with prv, it´s starting to make sense to me, but I can only do it actively for an hour or something, then I´m exhausted, cause to get something out of it I have...

Twenty? :)

I see what you mean. There was also a similar divergence price-volume as yesterday (no spike though). I also noticed Ym refused to make new highs a couple of times while ES did it. Ym also didn´t make it to yesterdays high. I´m still crappy at analysing the relationship es-ym, I just try...